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Villard Plans to Control Northern Pacific via Stock Purchases
In Oregon the Oregon Railway Navigation complex grew with a $12 million stock boom to fund a Columbia River railway. Villard sought to dominate Northern Pacific by buying a controlling stake, calling for $8 million from allies. subscribers paid in cash, pledging no return beyond his personal receipt. A telegram from C B Wright notes clauses for Cascade line construction, surveys, and board approval, with a warning not to trust stock jobbing reports.
MENTIONED IN THIS ARTICLE
Mr. Villard
Speyer
Rhenish
Bavaria
Supreme Court of Bavaria
Heidelberg University
Villard
Pike's Peak
Pike’s Peak
Washington
Grant
West
Rosecrans
Burnside
Potomac
Fredericksburg
the Wilderness
Spottsylvania Court House
Willard
Germany
William Lloyd Garrison
Frankfort
Oregon
Ben Holiday
Holiday
Kansas Pacific Railway
New York
Oregon Steamship Company
Portland
San Francis
Kansas Pacific
Tion Company
Walla Walla
Columbia River
Oregon Railway & Navigation Company
Northern Pacific Company
Northern Pacific
Villard Syndicate
Ainsworth